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🚨 GOLD PULLBACK — HERE’S WHAT ACTUALLY MATTERS
Gold took a hit after the latest U.S. jobs data came in stronger, pushing traders to price in less room for Fed rate cuts.
That explains the short-term selling, but I wouldn’t call this a trend reversal yet.
🏦 Central banks are still buying gold
📉 Higher-rate expectations are pressuring prices
đź‘€ Next big test: U.S. inflation data